Bachelor Thesis Defense презентация

foreign trade: Case study of the Republic of Kazakhstan

Yernar KOZHAK

– foreign price level

Real exchange rate

Currency Pair
EUR – is a base currency
USD – is quote currency

 

 

EUR/USD 1.2500 1EUR = 2500USD

net export and leads to decline in both GDP and price level.

(Source: Made by author, based on sources from the Internet.)

increase in both GDP and price level.

(Source: Made by author, based on sources from the Internet.)

Influence the exchange rate of the domestic currency
Stabilize the exchange rate and to correct misbalance.

resources
Production and consumption
Promotes World Peace
Raises Standard of Living of the people
Ensures quality and standard goods

1990
1993 total collapse of Ruble
November 15, 1993, national currency of Kazakhstan3
In early 2014 – devalue tenge
2014 Russian Ruble began to fall
August of 2015 the country decided to float the currency freely

(Source: ITC)

on country data)

for 2018-2022.
Aims to achieve strategic goals determined by so-called “Kazakhstan 2050”
Double export in non-oil sectors by the year 2025 comparison with 2015
Proposed to setup increase of the scope of non-resource based products export for 1.5 times by 2022 in comparison with 2015,
Increase export of non- resource based goods to the countries of important contribution to the economy strategy.
Sole operator or “Sole windows”
To speed up the process of mutual application of the electronic declaration of goods

Economic Commission)

Republic of Kazakhstan)

of appreciation https://www.economicshelp.org/blog/10050/economics/effects-appreciation/
Currency depreciation https://www.investopedia.com/terms/c/currency- depreciation.asp
Development of foreign tarde in Kazakhstan http://www.intracen.org/layouts/CountryTemplate.aspx?pageid=47244645034&id= 47244652104
Foreign trade balance of Kazakhstan https://tradingeconomics.com/kazakhstan/balance-of-trade
Reason for foreign trade (Political Stability and Economic Performancehttp://currencyinformation.org/